đšTether Treasury mints another 1 billion USDT ahead of the Fed's expected rate cut! đš
Tether Treasury minted 1 billion USDT on Ethereum yesterday, possibly to prepare liquidity ahead of the Fed's expected rate cut on September 18.
Notably, over the past year, Tether Treasury has issued 35 billion USDT on both the Ethereum and Tron chains, contributing to the Bitcoin price rally from $26.6k to over $73k in March. Historically, BTC tends to either increase or stabilize after a large amount of USDT is minted.
Address: 0x5754284f345afc66a98fbb0a0afe71e0f007b949
